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Power Ledger (POWR) Price Prediction 2019-2020: the Australian Coin’s Fury

Power Ledger blockchain platform has been functioning successfully since the end of 2017. The project has implemented many start-ups to provide people with cheap and environmentally friendly electricity (solar energy, wind power, etc.).

Power Ledger (POWR) Cryptocurrency

The functioning of the working platform is provided by the POWR. This is a utilitarian token that host applications must use to participate in the work of the platform. This token is not aimed at being a means of payment for electricity, although such use of it is generally acceptable. However, for the end user, a Sparkz token was created. It is an e-token that is pegged to a local fiat currency.

POWR is like a registered capital of the company, and its growth will mean profit for the Power Ledger team. In addition, for using the platform, a fee is charged, which is paid in POWR cryptocurrency. However, such fees are rather small. The company expects to earn on increasing volumes, rather than on the growth of commission fees.

Where to Buy Power Ledger (POWR)?

Any person who wants to buy POWR can do it easily. The coin is traded on both well-known and small exchanges. We will note only those exchanges and trading pairs, which feature the biggest volumes:

Bithumb (POWR/KRW);

Binance (POWR/BTC);

Upbit (POWR/KRW);

ABCC (POWR/ETH).

Latest News

In January 2019, Power Ledger announced a cooperation with Sharing Energy Co., Ltd., a Japanese solar installer, to drive renewable energy trading in this country. The blockchain platform will allow the company to track renewable energy consumption from their customers in Kansai, Chubu and Kyushu (regions in Japan).

On March 6, the team joined a group of international coders, legal professionals and scientists to confer about the future of blockchain legal practice and legislative trends at 2019 Computational Law & Blockchain Festival.

Power Ledger Price Prediction 2019-2020

The price chart of this cryptocurrency is generally consistent with the main trends of the market. However, unlike many altcoins, the fall of POWR, which began in February 2018, does not look so depressing. The coin lives in the realities of the market and cannot go against it, but the situation shows that it feels very confident.

There are many factors that might influence price formation of the token in 2019 and 2020.

Growth factors:

The platform is effectively working today, it doesn’t need time to building up.

The idea of the project is on the front burner. Moreover, it will be of immediate interest for a long time.

Power Ledger (POWR) cryptocurrency is traded on many exchanges, therefore, it is accessible for folks.

The market is now showing signs of life. Alts periodically surge, so our our protagonist might soon show itself in all its glory.

Price falling factors:

Instability on the market.

Lack of information about the project’s plans.

We can come to the conclusion that the Power Ledger (POWR) has a future. Do not miss this coin out of sight.

The table below shows our forecast for the price of the cryptocurrency for the next 12 months.

Period

Power Ledger (POWR)Price Prediction

Spring 2019

$0.17

Summer 2019

$0.21

Fall-Winter 2019

$0.45

Early 2020

$0.50

Disclaimer: We express our own vision of the situation in the cryptocurrency market. We cannot give you any guarantees, we can give only a basis for your own analysis.